Huf deceased on PPF account can karta be female

06 December 2018An HUF where the Karta was only male and it has wife and two major daughter as member/coparceners.The Karta has expired.The HUF has a Bank account with the demised karta as signatory.Now the Bank is asking for "Succession Certificate" and says it will distribute the credit amount among three ladies equally on receipt of succession certificate.However my Income Tax Practioner has opined that the HUF never dies and it shall continue to exist with a different Karta(choosen by the remaining three members) and there is no need and also provision for Issue of a :Succession Certificate" in case of HUF as it is a Constituted Body whereas the Sucession Certificate is issued in case of death of an individual without will. Money is held up. Please give opinion for right step.

06 December 2018Have you submitted claim forms under proper acknowledgment?If bank/banker has objected in writing then submit opinion of your LOCAL counsel in form of a letter drafted by your counsel under proper acknowledgment.

12 December 2018Subsequent to query and posts, posted to help you ; If required in your case, Your own very able LOCAL counsel as already advised above, can advise you in person, after examining all docs, inputs in person.Obtain proper legal opinion in writing.